This is a basic watch cap that I threw together for the munchkin a few weeks ago. Little hats are a great projects because they're quick to knit up and they don't take much yarn so they're great for using up scraps! For this hat I used Cascade Yarns Alpaca Lana D'Oro in Charcoal and have been very pleased with it. The alpaca makes it incredibly soft and it's very warm. I may have to use the rest of the skein to make myself something cozy!
Worsted weight yarn (~1.25oz/75yds)
size 7 round needles
size 7 double point needles
8 stitch markers
Cast on: 80 stiches, join in round, place stitch marker
Ribbing: k2, p2 around, move stitch marker and repeat rows until ribbing measures approximately 3 inches high.
Body: knit around, move stitch marker. Repeat until body measures approximately 3 inches high.
Decrease: Row 1: (knit 2 together, knit 8, place stitch marker) 8 times total. (72 stitches on needle)
Row 2: knit around, moving stitch markers as you come to them.
Row 3: knit 2 together, knit to stitch marker, knit two together first two stitches after marker. Continue alternating knit and decrease rows, moving to double point needles as necessary. Once you reach 8 stitches on the needle cast off and pull tight.